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Smokey: When I think about, like, you know, what a future for crypto looks like, I think we're moving into the right direction in a lot of different ways. Right? We're seeing lower latency blockchains. We're seeing higher TPS, better proving systems. But really, at the end of the day, we can build the best infrastructure possible.
But if people aren't building applications on top of it, then it doesn't fucking matter.
Jonah: This episode is brought to you by Perennial Finance, the on chain DeFi primitive redesigning derivatives for the DeFi native. You'll hear more about Perennial later in the show.
Avi: Welcome back to another 1000x. We have a very special guest here who I'll introduce in a second. But just to take a step back, Jonah and I have been talking about making real investments and doing real things and finding things with real product fit and real value in crypto and how difficult that is. So with all that in mind, we've brought on Smokey from BaraChain today, which when I first found out about it, I legitimately thought this thing was a complete meme. I think this was 2 years ago.
I just thought it was a joke. And then it actually turned into something very real, and Smokey's here to explain to us how it is both real and not real at the same time. Welcome, Smokey. Glad to have you.
Smokey: Thank you for having me, guys. Yeah. Truly the duality of man or bear, if you will. That was actually really funny. I don't know if you still remember, Avi, but, back in the day when you slid into my DMs, it was because there was a pasta going around on, like, Twitter.
It was like, bear chain does not exist and, like, a few more lines. And you just hit my DMs with that, and then I responded with the exact same thing. And I think we repeated that for, like, 4 or 5 iterations. And then you're like, anyway, what the fuck is this thing? And like, should I be investing?
I was like, yeah. Totally. And then, that somehow devolved into us making fun of you and Steve Tanenbaum and and a a number of other
Avi: things. Yeah. That was that was a hilarious hilarious introduction because I I genuinely thought this was just a meme coin launch.
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